Fri. May 29th, 2020

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French gold in World War II

1 min read

Gold Eagle/Larry LaBorde

Image of stacks of gold bars at New York Federal Reserve“The gold reserves of the Banque de France immediately after the war helped France recover and begin to rebuild their economy. After a war, depression or financial crisis there is nothing like gold to start investing in the economy to rebuilding wealth. No one knows what the future will bring but in the meantime start your own central bank and buy a few more ounces of gold for your family treasury.”

USAGOLD note:  An interesting history of gold mobilizations during World War II – and roughly 20 years after John Maynard Keynes dubbed the gold standard a barbarous relic.

Repost from 10-25-2019

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